> How does Coinbase ever manage to justify a valuation this high? 100B.... How i... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		kgog on April 14, 2021 \| parent \| context \| favorite \| on: Coinbase from YC to DPO > How does Coinbase ever manage to justify a valuation this high? 100B.... How is Doordash "worth" ~$50B? We're all in a delusion when it comes to public markets. We're not ALL in a delusion, but market movers certainly seem to be.

throwaway3699 on April 14, 2021 [–]

If FAANG can be worth > $ 1T, then $50B starts to seem fairly reasonable. I really don't know what justifies either evaluation though.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact